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Dec 7, 2012 2:30pm PST
that critics say will deepen europe's dependence on russian gas. president putin was on hand as they began digging for the south stream pipeline. >> to augment supplies already flowing into germany. europe already receives 40% of its natural gas from russia. german investment and technology will be playing a key role in the project. >> it is a victory for russian president vladimir putin. they looked on as the first segments were welded together in western siberia. it is three weeks since bulgaria gave the go-ahead for the project. the last transit country to do so. >> this project has the political support of all partner countries. all have signed the contracts and taken their investment decisions. the pipeline will move huge amounts of gas. 63 billion cubic meters. >> that is how much gas sell stream is to move once it is completed by 2019. it is being routed from the black sea to italy and bypasses the current transit country, ukraine. moscow has argued with kiev over fees and gas prices for years. a feud that has often cut off gas supplies to western europe. >> south stream could soon
Dec 11, 2012 4:00am EST
to southern europe. >> and then south korea's presidential election, yes, it's not just japan, and what to expect from the winner. >>> let's just plug you into where we are with this global market. more now on the global trading day in europe. 5-4 advances just about outpace decliners on the dow jones stoxx 600. most european stocks were up yesterday. the dax up 13 points. the dax, second highest close of the year, still up 27.5% for the year. right now, the ftse sound, the cac kron, closed at a fresh 52-week high. and the ftse is up 13 points despite falls from italian banks. let's show you where we are as far as the bond yields are concerned. we just check in. italian yields, 4.4% on the year. we'll show you the twos and tens, as well. i'll give you more on how that compares to where we closed yesterday. so the two-year, that's the low where we were yesterday. 10-year spanish yields, 5.581%. two-year yield, 2.35%, kind of where we were yesterday, too. and they're continue to go appreciateslide slightly from yesterday's close. as far as currency markets, 1.2880 was the two-week low on
Dec 3, 2012 2:00am PST
the taste for tender potatoes presents a dilemma, in egypt and here in europe. >> christoph schÄfer is an organic farmer. he's passionate about his work, and produces 8000 tons of organic potatoes every year. the princess potato is his favorite variety. the wendland region has been known for potato farming for generations. but these days, many of schÄfer's princesses land in the pig trough. >> last year, we couldn't sell about 50 to 60% of our product. >> a highway through the desert heading north from cairo -- hend kassab is also a potato expert, but in egypt. she is in charge of crop planning and quality control for the daltex company. it is growing organic potatoes for export to germany in wadi el natrun, 120 kilometers from cairo. daltex has 88 hectares of land, which it bought from the egyptian government. it is over 40 degrees celcius, which seems rather hot for a potato crop. but the sandy desert is also a good place to grow princess potatoes. and they can be harvested at a time of the year when there aren't any new potatoes in germany. there is one drawback, however -- the
Dec 5, 2012 4:00am EST
previously thought, although the session still looks very much on course for another quarter here for europe. the pmi will rise above 50 that divides growth between contraction. hasn't stopped the euro/dollar from hitting a one and a half month high. i suppose we know growth is going to be anemic, but if spanish banks are getting some money, are we feeling slightly better? >> that's what euro trades on, isn't it? pmis are all very interesting for the economist. but they want bigger stories. most of the news flow, it's helpful to the euro. people have been trying to affect this rally for a while. we are close to those october highs. the news flow has been good, i would say. >> we hit, what, nearly 131.80? >> before that, we go 131.40. the enthusiasm for euro is surprisingly good. we're surprised by how far this rally has gone on pretty thin news sometimes. >> i just want to recap what we've got. eurozone finance ministers meeting in brussels. an agreement still seems pretty elusive at this moment. germany and french finance ministers have very different views about oversight of banks. and in
Dec 19, 2012 2:30pm PST
for the second month in a row. although europe's biggest economy is experiencing a slowdown, this fresh optimism for the six months ahead. >> the closely watched fio -- ifo index climbed by one point this month. only wholesalers and retailers are not sharing the positive outlook. the index takes the pulse of 7000 companies across germany. for more now, we had to the franc fort -- frankfurt stock exchange. positive news on the german economy. has that brought some cheer on the floor there? >> this is indeed a very nice christmas present and a strong signal that the german economy will recover again after its winter sleep, but the dax did not make a huge step forward. the stronger than expected ifo index may prevent european central banks from lowering interest rates again. >> we have had developments also in a libor scandal that broke earlier this summer. tell us about that. >> yes, the news is very bad. ubs has to pay the record fine of 1.2 billion euros in this libor scandal and its manipulation of interest rates. some british banks also have to pay millions of euros, and also deutsche bank is
Nov 30, 2012 6:30pm PST
-- europe. it is our goal and must remain our goal that greece at some point must shoulder its debts on its own and that the markets accept greece as a creditor. >> athens still has a long way to go before that happens. german lawmakers acknowledge the sacrifices greeks have already made and understand the ongoing protests. the necessary measures are hitting a lot of people hard. the new bailout package is worth 44 billion euros. germany will bear 730 million of that in the coming year. the opposition accuses the government of misleading the public about the true cost of helping greece. they say it will be necessary to restructure the debt. >> everyone knows that greece is bankrupt and that it cannot service such huge debt, and everyone knows that nothing will change in the long term and that the situation will only get worse with every year and every austerity package, and that is why the debt will have to be written off eventually, and that is going to be very expensive for germany. >> the opposition says a debt write off will have to happen, and say the finance minister is not coming cle
Dec 19, 2012 5:30am PST
. >> it certainly has been very wet for some of us and the southeastern part of europe. using a massive cloud spinning around, giving us the very heavy downpours. further north, generally fine and subtle but it does mean this time of year it is also incredibly cold. don't adjust your sets -- this is the snow blowing through. a blizzard. we are seeing very cold conditions across many parts of russia down through to the ukraine and poland as well. snow and ice is already on the ground and causing quite a few problems with the driving as well. for many of us in the eastern parts of europe, it will stay very cold but the system over the southeastern parts will be spinning around and also giving heavy showers across parts of libya down through egypt as well. for the western parts of northern africa, mostly fine and subtle. not a great deal of problems with the weather. to the east, some of the showers could turn out rather strong. but whether it can also be making its way further to the east, too. already plenty of heavy downpours -- and more heading through thursday. all of it pushing steadily to
Dec 24, 2012 4:00pm PST
for shorter, thinner trees, as europe and america have themselves a slightly more frugal christmas. across the industry, sales are expected to fall 15% compared with last year, so the businesses that are doing best are the ones that can adapted to the new reality. this luxury plastic tree used to be popular, but this year, this factory boss tells me the thinner trees account to a to two-thirds of sales to his european customers. it is not just trees. some factories report that foreign customers are buying smaller bobbles, too. amid the gloom, the chinese christmas factories are looking for sales in a surprising place, the domestic market. more and more people are following christmas traditions and others. this man tells me, "i want to set up my own christmas decorations store one day." as europe and america become, well, a little more scrooge like, they need their own people to be the source of glad tidings for christmases to come. bbc news. >> well, china, the country has been giving the song "gangnam style" a bit of a makeover. >> at this be marked -- at this theme-park. that song is a w
Dec 7, 2012 4:00pm PST
, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver of growth. and to have that player virtually flat, if not in recession, would be bad news for the rest of the world. we do not need that because recovery is fragile. we do not want to have this knock on affect on the fragile recovery. >> what would your message be to members of both parties on capitol hill as their negotiating? >> i would say focus on the real issue. the real issues for me are the supremacy of the united states and its leadership role in the world. the u.s. has an economic leadership in the world. it is a safe haven. to make sure -- the uncertainty has to be removed. if you have dealt with your own issues, and then you can help and advise, and then you can encourage. if you speak from a weak position, it is more difficult. >> you have warned about the risks of political games. what did you mean? >> please try to take a higher view and look at the broader hori
Dec 16, 2012 7:00am EST
of the things that has happened since 1989 is the region called eastern europe has become very differentiated. these countries will longer have anything in common with each other except for the common memory of communist occupation. >> more with anne applebaum, tonight at 8:00 on a "q&a." >> "washington journal" continues. host: for the latest in the so- called fiscal cliff negotiations, we are joined by stand from -- stanley collender, and we also have josh gordon. thanks to you as well. stan, you were on last week and we ask you for the percentages. you put the chance of a fiscal cliff getting done at. this week? -- gettguest: i think there is o chance other than new year's day, and even that might be overstating it a little bit. right now i am seeing a 75% chance that they will go over the cliff. host: joshua, what odds would you give? caller: i have no idea. i would say that it could be 50 -- guest: i have no idea. i would say. the thing that americans and the public should worry about is whether they get something done soon. there is a chance that by inauguration day, something will be d
Dec 5, 2012 6:00am EST
. didn't raise the maximum amount. that's where we stand. it's another cautious day under way in europe. back to you guys. >> might get my haircut like hers, ross. you know, that anna wintour. that bizarre -- do you think you can manage it? >> a page boy. >> you think you carry that one? >> you'd look awful. >> you know what? we're going to do it. >> you're asking these guys to put me -- >> you'd look good in that one from "dumb & dumber." >> yeah. i make that sound. the most annoying -- you want me to do that? >> no, we don't. >> morgan stanley is trying to bolster lending. some advisers are said to have left the firm due to a lack of lending capacity. you didn't bargain for this, did you? we're asking you about your company. is that okay? >> absolutely. >> greg funding -- we already know he joins us. you did provide investors with an update. >> yes. >> ross, you want to get into this conversation as well? you hear him? >> he's gone. >> he's gone now. our audio guy is drinking or something. what did you tell them? >> i told them that we have a great business in wealth management. we've
FOX Business
Dec 4, 2012 1:00pm EST
the market at a time where demand in europe right now is relatively weak. we're seeing that supply cushion. the other thing is the market has been pricing in a lot of worst-case scenarios. obviously doesn't seem to be getting a lot worse than what is happening but definitely it has been priced in to a certain extent, phil flynn, always knowledgeable. price futures group. >> thank you. lori: 'tis the season. the little town of rudolph, ohio, trying to save christmas. melissa: striking workers in california may turn into thh grinch that stole it. the port of long beach executive director j christopher lytle will join us how this could impact your holidays. ♪ . >> i'm liz macdonald with your fox business brief. stocks are swinging between gains and losses today as investors continue to focus their attention on washington, d.c. and the fiscal cliff negotiations. u.s. banks posting their best quarterly performance in six years. according to the fdic, banks posted a combined profit of more than 37 1/2 billion dollars during the third quarter. that is the 6.6% increase from the same time last y
FOX News
Dec 5, 2012 8:00am PST
. europe is going to be in the doldrums for quite some time. asia is not charging forward and some of the emerging markets are not charging forward as quickly as they were maybe a few years ago. but i think what all of you recognize and many of you have told me is that everybody is looking to america, because they understand that if we're able to put forward a long-term agenda for growth and prosperity that is broad based here in the united states, that confidence will not just increase here in the united states, it will increase globe balance leave. globally and i think we can get the kind of cycle that all of us have been waiting for and want to see. what is holding us back right now ironically is a lot of stuff that is going on in this town. and i know that many of you have come down here to try to see, is there a way that we can breakthrough the logjam and go ahead and get things done? and i'm here to tell you that nobody wants to get this done more than me. i know that you've got even a lot of briefings, let me just try to describe where the situation is right now with respect
Dec 23, 2012 4:00pm PST
here or in europe. >> i heard that even if he distances himself he can contribute to contribute as a real leader to our country, because our country is in are really difficult situation. i hope that he can do something positive. >> campaigning for the elections will start officially. in the end, he may be called again to lead the country out of the economic crisis. al jazeera, rome. >> still to come -- security remains tight inside the egyptian presidential palace after the opposition rejects a referendum. and fired tear through a market in the afghan capital, destroying thousands of shops. we will back in just a few minutes. >> hello. the weather is looking pretty good over eastern brazil. the showers have drifted away over the heart of the amazon basin. 1 or two showers over the east. temperatures around 32 degrees. we will see highs around 30 celsius in buenos aires. pretty humid. i would not be surprised if we caught a rumble or two of thunder. you could see some temperatures around 26 celsius in santiago. we're seeing some rather wet weather. showers drifting away across ve
Dec 5, 2012 4:00pm PST
are the afghans. the united states ended in western europe have no interest in occupying and colonizing afghanistan into the 51st state, or whatever. the afghans are there tuesday. the others come and go. -- are there to stay. the others come and go. >> puc much fighting? gregg's my time was split between the capital -- >> my time was split between the south. endand the >> you know afghanistan well. thank you for coming in. it has been over a month now since a americans gave president obama four more years in the white house. there are now more minority voters than ever before. and in large part, the republican candidate lost because he failed to reach out to them. if your than one in three latino's failed to vote -- fewer than one in three latino's failed to vote for mitt romney. what will the republican party need to do to get the hispanic vote? >> at a christmas party outside of boston, republicans are not feeling particularly festive -- outside of austin, republicans are not filling a particularly festive. they know they have a challenge in front of them. within two years, hispanics
Dec 5, 2012 6:00pm EST
in western europe have no interest in occupying and colonizing afghanistan into the 51st state, or whatever. the afghans are there tuesday. the others come and go. -- are there to stay. the others come and go. >> puc much fighting? gregg's my time was split between the capital -- >> my time was split between the south. endand the >> you know afghanistan well. thank you for coming in. it has been over a month now since a americans gave president obama four more years in the white house. there are now more minority voters than ever before. and in large part, the republican candidate lost because he failed to reach out to them. if your than one in three latino's failed to vote -- fewer than one in three latino's failed to vote for mitt romney. what will the republican party need to do to get the hispanic vote? >> at a christmas party outside of boston, republicans are not feeling particularly festive -- outside of austin, republicans are not filling a particularly festive. they know they have a challenge in front of them. within two years, hispanics will outnumber whites in texas. >> if you wa
FOX News
Dec 11, 2012 12:00pm PST
from lansing. not one worker from europe's biggest bank, hsbc, will far us a criminal charge after they were accuses of failing to guard against terrorists, tax cheat and drug cartels but agreed to pay a record $1.9 billion fine to settle the case. that probably won't hurt this bank at all. last quarter, they reported $2.5 billion in net profit. according to the treasury, the failure to police transactions allowed hundreds of millions of dollars in drug money from mexican cartels to flow into the united states. the feds report the bank broke finance laws when they did business with iran and libya and cuba and others. under their deem with the feds, the bank will pay the record fine, change some policies, but not one bank employee will ever face criminal prosecution. the prosecutors say department of justice officials wanted to bring criminal charges but decided not to not because of a lack evidence but because it would put the future of the largest banks at risk. think of that. not because they didn't have the goods. they were worried about the banking system. this says clearly it
FOX News
Dec 12, 2012 4:00pm PST
for dairy lovers. scientists in europe say they found the oldest evidence yet of cheese making. 7500 years old. researchers tested pottery fragments from poland, which had strainers that could have helped make beer, honey or cheese. hopefully beer. they say they found lots of fatty milk residue, so figured those prehistoric humans were making cheese. nasa scientists say it's like a baby picture of the universe. the hubbell telescope capturing images from billions of years back. just after the universe was born. first, the man who teamed up with the beatles to bring traditional indian music to a global audience has died. ♪ ravi shankar performed across europe and in the united states since the 1950s. but it was his friendship with george harrison that shot him to global staffer dom. he gave the beatles, that beatle, lessons in playing the sitar, which you can hear on songs like "nor wean i can't think wood." the pear later collaborated on the concert for bangladesh. he seemed amused when the audience applauded him tuning his instrument. among his children, norah jones. in a statement, hi
Dec 6, 2012 6:00pm EST
.s. and europe did, for example, then we are guaranteed a 6 degree world. essentially, are urging him to step up to the world that he says he wants, to be a climate champion. we just had a press conference where the leaders of the least developed countries, the head of the african group, and small island states, shared exactly our concerns. to be honest, their voices were breaking when they spoke to us about how desperate they are about the negotiations and are clearly putting the blame on rich countries, particularly the united states, as one of the culprits. >> samantha smith, you are a leader of wwf, the world wildlife fund. >> that is what we call it in the united states. >> the level of this conference is a c within another c. if they turn one of them around, it looks like the logo of comedy central. that is funny, but not so much in the context of this subject. the news you were reading about environmentalists and the dangers they face. >> as i was preparing to come to doha, i heard about comments from someone that we are the culprits for the negotiations and the way they are going. i open
FOX Business
Dec 4, 2012 11:00am EST
: they wait until after the new year. are we still the best of the bunch question that europe is still a mess. how is china doing? >> we are actually doing the best. just look at china. the chinese economy is actually not doing that well. there are a lot of complex. the new party just took over the control. there are a lot of things to figure out. the u.s. is in the best condition right now. we have to get past this fiscal cliff and move on. connell: we probably would be talking a lot more about china and the transition of power and how president obama is supposed to do without. when you say there are economy is not doing that great, does that mean it is in jeopardy of a tough all, or it will hang in there? >> i think it will hang in there. china, i think, will grow. reasonably, i have seen some analysts come out and be pretty bullish. their economy, the outlook is willing not that bright. although, they probably will not fall hard. china is sort of setting their status quo. i think the u.s., again, back to the u.s., they have to get their act together. connell: a few days after the end of th
FOX News
Dec 6, 2012 6:00am PST
from its oil exports. 9% of which are purchased by europe. president bashar al-asaad ruled for 12 years after assuming the presidency under questionable circumstances can argue. regime allies aloud him to take office at 32 years old. he was approved by a voter referendum of yes or no. martha: he rarely appears in public. january 11 he addressed a public rally in the capital city of damascus. after that march 27 he visited a former rebel stronghold to allegedly inspect the conditions there. his most recent appearance on june 3, he spoke before syria's parliament. we covered it here on fox. in that speech he denied reports his government massacred rebel fighters and civilians and he accused foreign terrorists of plotting to destroy his country. bill: . the government moving defense missiles to turkey. it will be defensive posture only. the western alliance is set to okay those weapons. the patriot missiles not expected to arrive in turkey until next month. martha: let's go to egypt which is also very volatile at the moment. the presidential palace is looking like an armed palace. they sta
FOX News
Dec 10, 2012 8:00am PST
because many companies, high-tech companies from america, from europe, have subsidiaries in china, selling to chinese industries and trading companies. north korea works that system very well to end up with those kinds of high-tech items from outside china. and so while i can't speak specifically on the missile program i certainly can on the nuclear and yes, indeed, north korea buys european high-tech equipment and likely u.s. equipment. so it's a problem. china has been made aware of the problem but they haven't done enough and, i think this missile launch could be a further step. again if it happens, it could be another step in building pressure on china to enforce the u.n. security council sanctions on north korea and in fact to team up with the rest of the world to try to apply stronger sanctions and more effective sanctions on north korea. jon: kim jong-un and his father indicated, they proved time and time again they were more interested in having ballistic missiles and that kind of technology than they were in seeing their people fed. are you convinced that there is a way to impose
Dec 5, 2012 6:30pm EST
across europe. he toured the world with his group, his music caught fire. he was only the second jazz musician after louis armstrong, to appear on the cover of "time" magazine. he was honored at the kennedy center, and got to watch his own sons perform music on stage. ♪ ♪ ♪ . dave brubeck, american master, was one day short of his 92nd birthday. >>> and jack brooks has died, had was a student of texas, an enemy of richard nixon, attacked government waste all his life. he was pro labor, pro guns and pro district funds. he was in the vehicle when president kennedy was killed in dallas, he was among the giants in congress, over 42 combative years in the house of representatives. jack brooks was eighty-nine years old. >>> and a prank phone call gets the attention in london and around the world this morning. two morning radio hosts had the bright idea to call the hospital treating the pregnant duchess. they asked to speak to her, and unlikely as it may seem they got through to her nurse. and you're about to hear, the call sounded like a bad monty python sketch, with them doing an act
Dec 11, 2012 9:00am PST
as well. talking about the banking giant hsbc, europe's largest, have to pay $2 billion to settle investigation by u.s. prosecutors who are looking into international drug money laundering. investigators say the bank ignored rules that could have stopped this laundering operation, that the money went to drug cartels and terrorists. jim bolden is joining us london. what happened? >> reporter: well, suzanne, this is interesting. all of these banks have been fined by the u.s. government over last few years but hsbc, by far, the biggest. this fine, as you say, $1.9 billion. the government says that this bank has not been complying with u.s. laws when it comes to finding out where the money is going to, where the money's come from. u.s. government says there s too much money coming from mexico for hsbc not to know between 2006 and 2009, that it must have been coming from money laundering from drug cartels. they say they have put now measures in place so it wouldn't happen again. >> why are we seeing problems with or european banks as well? huge international fine -- these fines on inte
Dec 6, 2012 7:00am EST
of my adult life in europe hanging out with people who think it's wacky to be locking up people for smoking pot. >> reporter: in a show from amsterdam, steves gave a preview of what could soon be coming to cities and towns in washington. >> throughout the netherlands, bars selling marijuana are called coffee shops. amsterdam alone has over 300. >> reporter: he says america should not fear. >> consumption is not going to go up a lot. by every statistic, our government and the dutch government americans smoke more pot than the dutch, and the dutch have the most liberal laws on pot in all of europe. >> reporter: seattle's city attorney peter holmes also pushed for the new law. >> all we've done is achieve by prohibition is fill our jails and make drug dealers quite rich. >> reporter: he says legal marijuana even with high taxes will be cheaper than illegal marijuana. >> want to put the drug dealers out of business? >> absolutely. >> reporter: now that marijuana is legal here in washington the state is going to start collecting taxes on it. the state hopes
Dec 1, 2012 9:00am PST
against israel and would like to see the country disappear. countries especially in europe thought they were voting for something that would promote peace. they actually thought that by abstaining or supporting this vote, this would promote the idea of a two-state solution. the reason that they made a mistake is that in doing so, they were essentially privileging one aspect of the conflict which is statehood. over other important aspects that were not part of the resolution. and that's why ambassador rice mentioned it was counterproductive. essentially, the palestinians got an easy way to feel good which is nice and important. but without forcing them to actually take the difficult decisions that would truly lead to statehood at the end of the day. >> but let me ask a question. and that is, you know, the palestinian authority which was sort of almost a secondary player during israel and hamas' conflict in gaza, it seems as if when you say that they thought this vote would promote peace, doesn't it? the palestinian authority acknowledges israel's right to exist whereas hamas does no
Dec 1, 2012 2:00pm PST
about here, the evidence does seem to suggest it can be safe. similar studies are under way in europe and canada, and the doctor is studying the treatment to combat veterans, firefighters and police officers. dr. sanjay gupta, cnn, reporting. >> very interesting, dr. gupta, thank you. >>> and we're celebrating everyday people changing the word. up next, you will hear from a texas man who builds homes for wounded veterans. coming up. cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or most of you know members it.congress. ...i propose sav
Dec 22, 2012 10:00am EST
't really control. i think what the u.s. and europe do and international financial institutions do is going to matter. morsi really cared about what the international community thinks about him. the brotherhood is very sensitive to that because they need outside support to get their economy back on track. so there is a real point of leverage there. so that -- if we can use that then i might actually be a little bit more optimistic. and but in terms of what the long-term goal is, izz -- islamists are islamists for a reason. they aren't going to become liberals. all this nice talk about post islamism is not realistic because we're talking about deeply religious conservative societies where large majorities admittedly don't vote on the basis of siria but they are sympathetic to the role of sharia and life. and democracy can empower those elements of society that can push society further tore the right and that's not just egypt we see that in other democracies whether in hungary, israel. it's not a unique thing today. islamist doss want to have a more islamically infused egypt and that is somet
FOX Business
Dec 5, 2012 5:00pm EST
in aid to egypt every year. now europe is calling on the u.s. to stop that. what do you think about that? what is our best move at this point? >> well, let's remember that those 1.6 more or less billion dollars that we've been sending to the egyptian government, to mubarak for last 30 years or so, were sent for egypt to protect the peace with israel. to make sure the suez canal is always open for international trade and maintain security and friendship with the united states. now that morsi and the muslim brotherhood and salafists allies have form ad government, if they win this round against civil society they're going to move egypt toward more extreme allies. eventually the allies of morsi, salafists who attacked us ends at benghazi will turn against us. to make sure the $1.6 billion any dollars sent to egypt will go to a government that remains our ally and protector of freedom and democracy in the country. melissa: how do we do that? is that possible? if we revoke the money are we making the situation even more hostile? like you said the suez canal is very important. morsi was there
FOX News
Dec 4, 2012 12:00pm PST
in europe. any deployment will be defensive only. it will in no way support a in fly zone or any offensive operation. >> syria possessions missiles. we know they have the chemical weapons. of course, they also would have to be included in our calculations. this is will the reason why it is a matter of urgency to ensure effective defensive protection of our ally, turkey. >>reporter: these missile batteries will be programmed only to intercept missiles coming from syria which will be in operation in a few weeks. >>shepard: the syrian president is being wanted not to use the weapons but are there signs he could be getting the message? >>reporter: the white house press secretary seems to think so. >> the president spoke of this explicitly and we had this conversation yesterday about another component being proliferation. it is you spy, syria, or proliferation of, the chemical weapons stockpiles. it is hard to imagine they are not fully aware of the seriousness of the president's position on this. >> secretary of state clinton is in brawls attending the nato foreign minister session. she emphas
FOX News
Dec 11, 2012 3:00pm PST
only industrial country that came out of second world war intact. europe was on its knees. germany and japan were rubble so we thought that was the natural order of things. it wasn't. and when the other industrial countries recovered we got world competition as we have. we ran into bankruptcies. chrysler now twice. we see that in the southern states where the transplants are without the unions. they weren't the ones who went bankrupt last -- in 2008 and 2009. so it really is a choice. it's a tough choice. and i sympathize with the unions but the fact is that in the global economy where you have to compete on wages and other elements, of the units of production, can you either have, you know, high wages with low employment or you can, as obama would say, spread around the wealth. the fact is that in the right-to-work states, unemployment is 6.9%. >> we have a graphic that shows right-to-work vs. non-right to work statements on employment, go ahead. >> and in the other stays the non-right-to-work it's 8.7. so you can choose to have fewer workers who enjoy higher inflated unnatural, i
Dec 17, 2012 8:00am PST
real changes and progress. >> europe in her state building shooting or a man killed another man in front of the empire state building months ago. nine people were injured near the empire state building. all of them were injured by police when they unloaded 16 rounds in the shadow of the empire state building after a disgruntled former apparel designer, killing at to engage in a gunbattle with police. paul barrett, and coulter said, only one policy is ever been tried to deter mass murder -- concealed carry laws. >> i don't know what she means by only one policy has been shown. i don't know what social science she is pointing to. the hard truth for people on both sides of this debate is the social science is inconclusive. the best studies that have been done on the proliferation of separatearry laws image anyone who wants to conceal-carry license can have one. the best research has been done at yale university that says, quite candidly, we can not tell. we cannot find a good association between the liberalization of those laws, the fact it is easier to carry guns concealed a publi
Dec 7, 2012 9:00am PST
and jobs. to work in transport sector -- and it's very, very important for europe, also for our investment. >> the e.u. hopes that the space sector will account for 20% of its gdp by the year 2020. the u.k. space agency has been $2 billion for the european space agency programs. the space agency already contributes 9.1 billion or $14 billion to the u.k. economy. for europe investing in space is investing in the future. >>> medical marijuana is already legal in several states in the united states. now, voters in washington state and colorado have ok'd the recreational use richard branson says yes. >> simply proposed with the harder drugs is do what portugal has done and that is, you know, let the state set up clinics throughout america that if you have a drug problem, you go to that clinic. give them the methodone until they're ready to come off, and when they're ready, you use a drug clinic that costs one-third of the price of a prison medical record to get them back into society. >> go to to read sir branson's opinion piece about ending the war on drugs. sxwlirchlgts how nasa is p
Dec 9, 2012 5:00am EST
of europe. >> also blizzard-like conditions in the northern part of our country but here, steamy out there. areas of fog. details coming up on the forecast. look grandma, they have a hobbit menu. i know. apparently, they based an entire movie off of it. try the all-new hobbit inspired menu, only at denny's. and see "the hobbit: an unexpected journey." >> blizzards and high winds have paralyzed many areas of croatia. in poland, some cities froze under temperatures of minus two degrees. more frigid nights and snowfall are expected in the next few days. in venice, the gondolas are covered in snow. temperatures have plunged across northern and central italy and snow has blanketed switzerland. serbians are struggling with brutal weather as residents cross snow covered streets and cars try to maneuver slippery roads. >> in our 11 insta-weather plus forecast with ava marie. >> what a different story here as we're seeing rainfall across the metro area. a live look from skycam right now. it was foggy earlier on and the rain has picked up, helping clear the fog. you can see the rain drops on the cam
Dec 7, 2012 7:00pm EST
're getting cool in the later years. >> all right, zach, let's move on. first of all europe's stocks are having are very good run. in fact stocks almost all around the world are having a very good run. they ain't doing too badly here in the usa. fiscal cliff or not. what do you make of that? >> first of all, we obviously see these things in terms of one-year period. if you add up january 1 of 2011 through let's say december 31st, 2012, a two-year period, let's say the markets end up a little bit more they're still going to be up about 8% annualized for two years. which is a really good compared to 1 1/2% on a 10-year note. but hardly what you would call this massive bull market a la the 1990s and 1980s. >> it's nice. but zach, if i could have had 8% a year for the last 15 years, you have to be in better shape than how i actually am. in the last 15 years it hasn't done anything. >> i think this is a testament to the fact the only game in town, you do talk about this a lot, larry, is that companies are net net relative to national economies better run and making money. so if you're goi
Dec 7, 2012 12:00pm EST
of the neighbors of syria and our allies in europe, some of which have now been ahead of us, that we will focus in on this immediate really potentially disastrous threat of chemical and biological weapons. >> you said a moment ago that iran is our most dangerous enemy. if so, how far should we be willing to go to prevent iran from acquiring nuclear weapons? >> i just echo what everybody said. it's unacceptable for us to allow -- to become a nuclear state. containment is not an acceptable alternative. i think that is absolutely right. it changes the balance of power in the middle east. some of our allies to begin to accommodate. and it's a threat to most of the rest of the world. the sanctions, unprecedented so i think we have to the make sure that our threat of military actions, if they don't take down their nuclear equipment is credible. i'm still not sure it is. they have to believe that the u.s. will use our immense power to the civil the program if they don't. >> make one comment directly pertaining to the overall theme here. starting a long time ago, years ago our sanctions regime should n
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Dec 3, 2012 4:00pm PST
and europe. we're way behind in all the 300 hours added up to about two extra months of class. or schools could add a little more than an hour and a half to etch eexisting school day. each individual school will decide how that school should add in the extra hours. many from the feds and states and private programs will help pay for the extra hours. >> we have heard the warnings for years. scammers are tout target senior citizens. now we may know why. it turns out it's all about the senior citizens' brain and what older folks are missing that could keep them from spotting a scam. plus, if you have been putting off a flu shot you could be running out of time. doctors say flu season is hitting early and hitting very hard. the warning coming up. they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ ♪ but the fire is so delightful ♪
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Dec 6, 2012 4:00pm PST
. >> driving while high, while legal research shows more drivers are toking up. studies like this one in europe show too much marijuana effects coordination and judgment. >> one of the first and most important being reduced ability to divide one's attention. >> pot is far left debilitating than argue many argue. new canadian study say those who drive within three hours of smoking pot are twice as likely to cause a crash. >> another we see driving under the influence of marijuana reduce the ability to perceive time and distance. >> how much is too much? >> i don't absolutely feel that we are on uncharted territory. i know we are for a fact on uncharted territory. >> severe level for pot in washington state where marijuana is now legal. the limit is 5 nano grams per blood sample. equal to alcohol. >> because we are still early on in the research stage, it's very difficult to determine whether or not that five than gram standard will change. similar to how the dui standards have evolved over the years. >> the problem is heavy users, though not impaired, can test positive weeks after smoking. also,
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Dec 10, 2012 4:00pm PST
to be larger than north america and europe combined. >> the rapid rise of other countries, and above all, the spectacular rise of asian economies is dramatically altering the context in which u.s. global power will operate. >> shepard: the report notes that the u.s. is likely to remain a major global player on the global stage because of how it's able to pull together coalitions to tackle global problems. >>> today was pposed to be the start of the window in which north hey would launch a new -- north korea would launch a new controversial rocket. so far no launch. we have the reasons for the delay. gunfire on a busy new york city sidewalk. just up the street from us, cops say somebody shot a man right in the back of the head then jumped right into a waiting getaway car and off he went. or she went. there's a manhunt or a womanhunt on, and how did a sporting event for disabled athletes, disabled athletes, turn into this? it's coming up as we approach the bottom of the hour and the top of the news as fox reports live tonight. humans -- sometis life trips us up. and sometimes, we trip ours
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